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    FM launches the Web Responsive Pensioner’s Service portal to provide better services to the pensioners; highlights the importance of data analytics ...
    Government Approves Seven (7) Proposals of Foreign Direct Investment (FDI)
    Unclaimed Amount Under IEPF
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    Cabinet allows M/s. ITI Limited to transfer shares to Special National Investment Fund to meet SEBI’s minimum public shareholding requirement
    Shri Arjun Ram Meghwal takes over as New Minister of State for Finance and Corporate Affairs
    Establishment of Fund of Funds for funding support to Start-ups
    Cabinet approves disinvestment of 10% paid up equity of Housing and Urban Development Corporation Ltd. (HUDCO)
    Ministry of Corporate Affairs issues notification for constitution of the National Company Law Tribunal (NCLT) and National Company Law Appellate Trib...
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September 14, 2016
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Pensioner Service Portal expands digital access to pension status and payments, enhancing transparency and grievance redressal.
The Controller General of Accounts launched a Web Responsive Pensioner's Service portal to provide a one-stop digital access point for pensioners to check pension case status and payments and obtain speedy grievance redressal; the launch was framed alongside IT public finance systems (PFMS and NTRP) to improve fund targeting and ensure intended beneficiaries receive funds. A Memorandum of Understanding with the Institute of Internal Auditors seeks to strengthen Internal Audit in line ministries, and the CGA premises comply with green building and energy-conservation measures.
August 24, 2016
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Foreign Direct Investment approvals expand permitted downstream acquisitions and equity increases following FIPB recommendations.
Central Government approved seven FIPB-recommended FDI proposals including a post facto approval for equity issued after a court-approved demerger in wholesale trading, amendment of prior approval conditions for an investing company/small finance bank, takeover of a publication, a downstream acquisition to make a pharmaceutical subsidiary wholly owned, intra-group acquisition of a minority pharmaceutical stake, acquisition of a healthcare company, and issuance of CCDs increasing foreign equity in a telecom company. Seven proposals were deferred for further scrutiny and five were rejected on policy or route-related grounds.
August 13, 2016
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Unclaimed investor funds: refund mechanism pending notification of authority's power; refunds permitted from government grant once notified.
Unclaimed amounts for the Investor Education and Protection Fund are currently deposited into the Consolidated Fund of India; the provision empowering the Fund Authority to refund unclaimed and unpaid amounts remains unnotified due to pending Rules and consultations, and refunds to eligible claimants will be possible only after notification and from grants allotted to the Authority by the Government.
August 12, 2016
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Company donations to national funds permitted where funds have central approval; government does not maintain contribution records.
Corporate donations to approved national funds are authorised by statute, permitting companies to contribute to specified memorial funds or other charitable funds of national importance that have Central Government approval; the Central Government does not maintain consolidated data on company contributions.
August 12, 2016
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Revenue from foreign company registrations reported as a government income stream; employment impact data not maintained.
Revenue from foreign company registrations constituted a quantifiable government income stream across the referenced period, with year-by-year receipts and an aggregate total reported; the government confirmed it does not maintain or report information on employment generated by those foreign companies.
August 11, 2016
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Unique Business Identification Number to unify registrations using a Common Application Form, pending software changes and eBiz rollout.
Issuance of a Unique Business Identification Number (BIN) will consolidate ten central government registration and licensing services using INC 29 as the Common Application Form (CAF). The Ministry of Corporate Affairs is to notify the form and modify its software while eBiz undertakes development; following software completion and audit the BIN will be launched on the eBiz portal to enable integrated digital processing of the specified services.
August 3, 2016
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Fund of Funds support for startups via SEBI-registered AIF investments managed by a designated fund manager expands startup financing.
A government-managed Fund of Funds channels capital into SEBI-registered Alternative Investment Funds, which then invest in startups across sectors and States; part of the corpus has been sanctioned to a set of AIFs. Concurrently, many startups have applied for programme recognition while a smaller number have been formally recognized, and state-level allocation or investment details are not available in official disclosures.
July 22, 2016
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Fund of Funds for Startups to channel capital through SEBI-registered AIFs and mobilise private risk capital for startups.
Government established a Fund of Funds for Startups to be deployed through an implementing agency, with initial budgetary allocations released and further amounts earmarked. The Fund will not invest directly in startups but will subscribe to SEBI-registered Alternate Investment Funds, using that channel to attract private equity, quasi-equity, soft loans and other risk capital into a sector-agnostic startup ecosystem.
July 13, 2016
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Minimum public shareholding requirement: transfer of government-held shares to SNIF to restore public float and meet SEBI deadlines.
Approval permits transfer of government-held shares in M/s ITI Limited to the Special National Investment Fund concurrent with capital grant equity infusion under the revival plan, as an administrative mechanism to restore the public float and achieve compliance with SEBI's minimum public shareholding requirements within the prescribed timeframe.
July 6, 2016
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Financial inclusion and social security focus - new minister commits to extending PMJDY and Mudra benefits to last-mile recipients.
Policy priorities emphasised by the new Minister of State for Finance and Corporate Affairs focus on financial inclusion and the extension of social security measures through existing programmes, specifically naming PMJDY and Mudra, with the operational aim of delivering benefits to the last mile and accelerating growth to benefit poor and vulnerable sections.
June 22, 2016
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Fund of Funds for Startups to capitalise AIFs and crowd in private investment, creating a predictable venture funding source.
Establishment of a Fund of Funds for Startups to capitalise a fund of funds vehicle that contributes to registered Alternative Investment Funds for seed, early and growth stage investments; funded by government grant assistance through budgetary support built over multiple cycles, monitored by the industrial policy department to align with the Start up India Action Plan, and operated by designated fund management expertise to crowd in private capital and create a predictable source of venture financing.
June 15, 2016
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Disinvestment via IPO: government to offer minority state equity in HUDCO under securities regulation compliance.
Approval was granted for the disinvestment of a minority portion of the central government's equity in Housing and Urban Development Corporation Ltd. through an Initial Public Offering in the domestic market, to be conducted in accordance with applicable securities regulations, with the government retaining the remaining shareholding.
June 2, 2016
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Constitution of specialized company law tribunals establishes new judicial forum and dissolves Company Law Board; initial benches announced.
The Ministry of Corporate Affairs has notified the constitution of the National Company Law Tribunal and National Company Law Appellate Tribunal, appointed senior judicial officers to lead them, and dissolved the earlier Company Law Board; an initial configuration of eleven NCLT benches, including two in the national capital and one at ten other locations, has been specified.
May 13, 2016
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Memorandum of Understanding on mutual regulatory cooperation to promote securities market development and strengthen information sharing.
A Memorandum of Understanding establishes mutual cooperation and technical assistance between the Securities and Exchange Board of India and the Financial Services Regulatory Authority, Abu Dhabi, to promote development of securities markets and strengthen the information sharing framework between the two regulators.
May 12, 2016
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Insolvency resolution: New Code institutes creditor-led, timebound corporate recovery boosting entrepreneurship and credit market development.
Insolvency and bankruptcy reform consolidates insolvency laws into a single Insolvency and Bankruptcy Code providing time bound reorganisation and resolution to maximise asset value. Control shifts to a committee of creditors on default with 180 days (plus possible 90 day extension) to evaluate resolution plans or liquidation; fast track proceedings apply to SMEs and start ups. The Code empowers operational creditors to initiate proceedings, elevates unsecured financial creditors above government dues in the liquidation waterfall, separates commercial roles for Insolvency Professionals from judicial oversight, creates an Information Utility to centralise lending data, and includes enabling provisions for cross border insolvency.
May 12, 2016
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Insolvency and Bankruptcy framework shifts control to creditors, enabling time-bound corporate resolution and improved credit access.
The Insolvency and Bankruptcy Code creates a consolidated, time bound framework for reorganisation and insolvency resolution of corporate persons, partnership firms and individuals, with procedures for early identification of distress, a Fresh Start process for individuals, and statutory timetables intended to maximise asset value and restore credit availability.
May 10, 2016
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Appointment of women director: mandate requires every listed company to have at least one woman on the board, with role flexible.
The requirement that listed companies appoint a woman director stems from Section 149 of the Companies Act and is enforced by a SEBI mandate requiring each listed company to have at least one woman director, who may serve as executive, non executive, independent or non independent; SEBI reported compliance data as of March 31, 2016, and did not require disclosure of whether a woman director is a family member of a promoter or senior executive.
May 10, 2016
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Carry forward of unspent CSR obligations: board discretion to decide carrying unspent CSR expenditure to the next year.
The board has discretion to decide whether any unspent portion of the minimum required CSR expenditure may be carried forward to the next year; this clarification applies uniformly to all companies liable for CSR under the Companies Act, 2013, including Public Sector Undertakings.
May 10, 2016
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Companies law reform: Government accepts most CLC recommendations and introduces amendment bill to amend corporate regulatory framework
The Companies Law Committee proposed amendments to seventy eight sections of the Companies Act; the Government accepted most recommendations and introduced the Companies (Amendment) Bill, 2016 in the Lok Sabha, with the Minister of Corporate Affairs reporting these developments in a written parliamentary reply.
May 7, 2016
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Corporate Social Responsibility training expands professional capacity, enhancing CSR implementation and compliance through formal certification.
The Ministry-supported nine-month Corporate Social Responsibility certification programme, administered by a government-affiliated institute, aims to professionalise CSR implementation by developing qualified practitioners from corporate sponsors and public undertakings; reported cohort completions and ongoing enrolments were disclosed to the legislature as evidence of uptake and capacity building for CSR compliance and management.

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